City of Camarillo
Reserve Analysis - Current
Fiscal Year 2025/26
"Exhibit D"
Reserve
Basis
Projected
6/30/26
Fund
Balance (1)
Expend. &
Transfers *
Reserve Policy
Requirement
Other
Committed
Fund Balance
Projected
6/30/26
Unassigned
Fund Balance
Available
Fund
Balance %
50% 101 General Fund 103,504,583 $ 67,752,965 $ 33,876,483 $ $56,205,000 13,423,100 $ 13% 20% 221 Zone 1-Mission Oaks MD-1A 1,212,492 1,204,142 240,828 971,664 80% 20% 222 Zone 2-Wittenberg Maint. Dist. 89,094 47,066 9,413 79,681 89% 20% 223 Zone 3-Armitos Storm Basins MD 14 6,400 1,280 (1,266) -8807% 20% 224 Zone 4-Mission Oaks Industrial MD 63,977 64,878 12,976 51,001 80% 20% 225 Zone 5-Presley Maint. Dist. 30,774 27,383 5,477 25,297 82% 20% 226 Zone 6-Spanish Hills Maint. Dist. 40,429 27,274 5,455 34,974 87% 20% 227 Zone 7-Sares/Regis Maint. Dist. 10,179 12,311 2,462 7,717 76% 20% 228 Zone 8-Vista Las Posas Maint. Dist. 35,622 44,487 8,897 26,725 75% 20% 230 Zone 10-Adolfo Glen III Maint. Dist. 56,975 41,506 8,301 48,674 85% 20% 231 Zone 9-Adolfo Glen II Maint. Dist. 63,887 50,749 10,150 53,737 84% (1) The working capital measurement is used for Internal Service Funds (5xx) and Enterprise Funds (8xx) (2) General Fund Commitments of Fund Balance
$5,400,000 Economic Development
$10,000,000 Natural Disaster Recover y
$200,000 Camarillo Springs Debris Barrier Remediation Maintenance $8,000,000 Pleasant Valley Rec. & Park District - Community and Senior Cente r $15,000,000 Loan to Water Utilit y
$14,405,000 Facility Improvement Projects
$1,800,000 Continuum of Care
$1,400,000 Unfunded Accrued Liability PRSP Trust Fund
$56,205,000 Total
* Expenditures and transfers exclude capital projects and depreciation, and include principal payments on debt Reserve
Basis
Projected
6/30/26
Fund
Balance (1)
Expend. &
Transfers *
Reserve Policy
Requirement
Other
Committed
Fund Balance
Projected
6/30/26
Unassigned
Fund Balance
Available
Fund
Balance %
510 Risk Management 882,607 $ 3,152,096$ 261,891 $ 141,508 $ 479,209 $ 54%
100% of accumulated depreciation:
530 Information Services 3,499,148 7,001,023 1,347,623 2,151,526 61% Fund
General Fund: Minimum of 50% of the operating expenditures plus transfers to other funds for operations:
Zone 2-10 Funds: Minimum of 20% of the operating expenditures:
Fund
Three times the self-insured retention for liability claims ($30,000 * 3), + 100% greatest deductible for single property damage coverage ($100,000), + 25% annual appropriation for workers' compensation expense:
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City of Camarillo
Reserve Analysis - Current
Fiscal Year 2025/26
"Exhibit D"
120% of accumulated depreciation:
540 Vehicles & Equipment 6,905,570 2,943,202 4,866,788 2,038,782 30% (1) The working capital measurement is used for Internal Service Funds (5xx) and Enterprise Funds (8xx) * Expenditures and transfers exclude capital projects and depreciation, and include principal payments on debt ** (RC) Replacement Cost
*** Funds are available in the Wastewater Capital Fund
Reserve
Basis
Projected
6/30/25
Fund
Balance
Expend. &
Transfers *
Reserve Policy
Requirement
Other
Committed
Fund Balance
Projected
6/30/25
Unassigned
Fund Balance
Available
Fund
Balance %
Solid Waste
805 Operations 5% 345,290$ 1,306,984$ 65,349 $ 279,941 $ 81% Water Utility
860 Operations 25% of O&M 25,051,701 6,262,925 Rate Stabilization 5% Commodity Sales 21,061
Capital Annual Depreciation (RC)** 3,700,000
Restricted/Emergency 1% Assets (RC) 150,000
Operating Fund (1,191,427) 10,133,986 (11,325,412) $ -951% City Council approved a $15.0 million General Fund commitment to maintain Water Fund stability. This loan is available and will be utilized to offset budgetary shortfalls in the Water utility.
Wastewater Utility
871 Operations 25% of O&M 21,114,400 5,278,600 Capital Annual Depreciation (RC) 2,700,000
Restricted/Emergency 1% Assets (RC) 2,000,000
Debt Service 1 Year Debt Service 1,305,994
Operating Fund 45,151,209 11,284,594 33,866,615 75% (1) The working capital measurement is used for Internal Service Funds (5xx) and Enterprise Funds (8xx) * Expenditures and transfers exclude capital projects and depreciation, and include principal payments on debt ** (RC) Replacement Cost
*** Funds are available in the Wastewater Capital Fund
(2) The Camarillo Ranch Facility activities have been transferred to the Camarillo Ranch Enterprise Fund.
Fund
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